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Tag Archives: economic recession

There’s no deal better than a temp deal

As Europe forces austerity on debt-ridden Greece, our leaders hesitate to force austerity — and fiscal responsibility — on debt-threatened America. Talks in Washington last week focused on how to avoid the fiscal cliff and it’s forced austerity, not how to use it as leverage to pass a painful, long-term solution to our staggering debt crisis. Republicans talked about avoiding ...

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SBA guaranty loan amounts surpass pre-recession levels

Business lending in Mississippi backed by the U.S. Small Business Administration ended the year in amounts higher than pre-recession 2007, the SBA reports. The agency backed more loans in 2007 — 623 — but the amount of those loans totaled $107 million, compared to fiscal 2012‘s $132.4 million. The SBA guaranteed 442 loans in the fiscal year that ended Sept. ...

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